Published: 08 Oct 2024 140 views
The Chwang-Seto Innovation Fellowships Program supports the recipient and the team on the development of a technology in order to bring it closer to the marketplace and allow the fellow to gain further knowledge and experience in business and technology commercialization
McGill University is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter, the university bears the name of James McGill, a Scottish merchant whose bequest in 1813 established the University of McGill College. In 1885, the name was officially changed to McGill University. With more than 39,000 students, it is one of the largest universities in Canada by enrolment.[... continue reading
Up to $50,000 is awarded as a grant to the Principal Investigator with 80% minimum in stipend/salary going to the eligible McGill Faculty of Engineering PhD student or post-doctoral fellow to carry out the project full-time within 1 year maximum
Program Objectives
Application:
Lead Applicant:
Invention:
Applications will be evaluated based on:
| Evaluation Section | Percentage Allocated | Description |
| Problem Statement | 20% | What is the problem being solved? Does the proposed solution fill an unmet need? Are your target customers clearly outlined? Have you validated the problem with your target customers? |
| Proposed Solution/Approach | 25% | Is this a novel, not obvious, and potentially disruptive technology? Has the competitive landscape been identified? Any customer/end user validation? |
| Technology Development and Commercialization Plan | 25% |
What is your project? Is there proof of concept already? What is the IP strength and stage of development both of technology and market validation? Is there a strong potential impact or market need? What is the assessment of the patentability, third party rights, marketability, and commercial potential of the invention/technology? Have the business challenges been acknowledged? Will this Award greatly help move the technology towards commercialization, e.g. will it attract and accelerate follow-on funding from other sources, significant/relevant technical milestones will be achieved (e.g. go/no-go proof, improved scope and value of the IP, prototype for MVP). |
| Project Budget by Milestones and Funding | 20% | Does the proposal clearly identify the key technology development milestones and deliverables? Are the planned expenditures appropriate and justified? |
| Team and Collaborators | 5% | Who are the current team members? Has the additional talent needed throughout the project been clearly identified? |
| Presentation and Q&A | 5% | In-person presentation by lead applicant to the Selection Committee with Q&A. Communication clear? Enthusiasm and desire for innovation?  chwang_seto_innovation_fellowship_2024_presentation_guidel |
Applicants will need to attach the following documents in the application form.
chwang_seto_innovation_fellowship_2024_application_project_proposal.docx
chwang_seto_innovation_fellowship_2024_project_budget_by_milestones.xlsx chwang_seto_innovation_fellowship_2024_presentation_guidelines.docxSelected applicants will need to complete an in-person 10-15 minute presentation to the Selection Committee
For more details, visit McGill University 2024 Chwang-Seto Innovation Fellowships Program webpage
